Question 1 5 points Save Answer It is May 14 and you considering whether to buy shares in Cowbell Corp (you do not own any shares at this moment). The board of Cowbell has just declared a dividend of $6 per share. The ex-date is September 9 and the payable date is September 29. Which of the following statements is true? 1. You won't receive the dividend even if you buy shares on May 14, because you were not the shareholder of record when the board declared the dividend. o II. To receive the dividend you should buy shares before September 9 and keep them at least until September 9. O III. To receive the dividend you should buy shares between September 9 and September 29. IV. To receive the dividend you must buy shares before September 9 and keep them until September 29. L A Moving to another question will save this response. I Question 2 of 8 Question 2 5 points Save Answer ABC Corp. currently has $36 million in excess cash that it plans on returning to its shareholders through a dividend payment. ABC's current share price is $18.2 and it has 27.2 million shares outstanding. In addition, the market value of the company's debt is $18 million. Assuming perfect markets, what is the dividend per share that ABC will be able to pay with the excess cash? Round your answer to two decimals (do not include the S-symbol in your answer) Question 3 5 points Save Answer ABC Corp. currently has $47 million in excess cash that it plans on returning to its shareholders through a dividend payment. ABC's current share price is $24.5 and it has 32.5 million shares outstanding. In addition, the market value of the company's debt is 515 million. Assuming perfect markets, what will the share price of ABC be after it pays the dividend? Round your answer to two decimals (do not include the S-symbol in your answer) Question 4 5 points Save Answer XYZ Corp. currently has 547 million in excess cash that it plans on returning to its shareholders through a share repurchase. XYZ's current share price is $16.2 and it currently has 28 million shares outstanding. In addition, the market value of the company's debt is $8 million. Assuming perfect markets, how many shares will XYZ be able to repurchase with the excess cash? Express your answer in millions and round your answer to two decimals